In a probate, can the bond posting on the personal representative be waived?
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In a probate, can the bond posting on the personal representative be waived?
In this case there are 3 beneficiaries and all 3 agree to a waiver. Also, can produce any documentation required relating to estate debt or liabilities. There is no Will.
Asked on November 29, 2012 under Estate Planning, California
Answers:
Victor Waid / Law Office of Victor Waid
Answered 11 years ago | Contributor
Yes bonding posting can be waived by the terms of the will or by consent of the beneficiaries, but the court by law retains the right to reject that request and still require a bond, especially if one of the beneficiaries is a minor or disabled or mentally impaired.
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